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Citizen Watch (7762) · InitiativeRestated

Application to Change the Manufacturing Site and Corrective Action for Product Labels

First written in FY2018-Q2. 2 of 4 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2020.

4entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2018-Q3 – FY20182017: 120172018: 220182019: 020192020: 12020
Same theme, other companies
Remediation of manufacturing site change applications and product labelingA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2020RestatedAnnual report

    「The Company will continue to conduct regular training, education and audits relating to the “Citizen Group Quality Action Charter,” which was discussed and formulated by the Committee, with the aim of raising quality compliance awareness throughout the Group.」

    The Company continues corrective and recurrence-prevention measures, including regular training, education and audits based on the Quality Action Charter.
  2. FY2018AdvancedAnnual report

    「The quality assurance officers of the Group companies are holding discussions with the aim of formulating Group-wide quality guidelines. To ensure that all Group employees share a common understanding, training, education and audits relating to the guidelines will be conducted regularly, with the aim of raising quality compliance awareness throughout the Group.」

    The Company advanced to the stage of formulating Group-wide guidelines, conducting training and education, and carrying out regular audits as recurrence-prevention measures. Monitoring by the Quality Compliance Monitoring Committee was also added.
  3. FY2018-Q3AdvancedAnnual report

    「To ensure the reliable implementation of recurrence-prevention measures by Citizen Electronics, the Company resolved at the Board of Directors meeting held on 9 February 2018 to establish the Quality Compliance Monitoring Committee, an advisory body to the Company’s Representative Director and President, chaired by attorney Toshio Munakata (宗像紀夫), who chaired the independent committee, with the Company’s outside officers as committee members, in addition to monitoring by the Company.」

    The Company added a framework under which it monitors corrective measures for labels indicating former manufacturing sites and recurrence-prevention measures, while the Quality Compliance Monitoring Committee reviews and provides advice on them.
  4. FY2018-Q2First statedAnnual report

    「For the products identified to date as being subject to the Inappropriate Conduct, the Company has been shipping them to business partners with labels accurately indicating the manufacturing sites, and is implementing remedial measures wherever possible. The Company is also sequentially submitting applications to change manufacturing sites to business partners with whom such agreements are in place.」

    The Company switched shipments of the identified products to labels showing the accurate manufacturing sites and is sequentially submitting applications for changes to business partners.
Moved together

"Achieving a Highly Profitable Business Structure" moved the same way as this thread, in the same document, in 2 of its 4 moves.

222222★123456
  1. ★This thread
  2. 1Achieving a Highly Profitable Business Structure2×
  3. 2Brand Building and Multi-Brand Strategy in the Watch Business2×
  4. 3Top Market Share in Automatic Lathes and Establishment of a New Manufacturing Company2×
  5. 4Strengthening Manufacturing Capabilities, Reducing Costs and Improving Asset Efficiency2×
  6. 5Internal Whistleblowing System and Group-Wide Risk Management2×
  7. 6Currency fluctuation risk and hedging2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Citizen Watch yet.
News
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Application to Change the Manufacturing Site and Corrective Action for Product Labels | Citizen Watch Co.,Ltd. (7762) | Komori